The Offer
Direct link to offer
- Rakuten is offering a $500 bonus when you sign up for a new Lettuce Financial pro of premium account. Account must be active and in good standing, and your subscription must not be canceled or refunded, on the 120th day after your first payment.
The Fine Print
- Cash Back provided by Rakuten, not Lettuce Financial (“Lettuce”). Cash Back is only available for new Lettuce customers (one Cash Back offer per customer and per business) who click through the Rakuten link and sign up for a new paid Lettuce subscription. Customers who have had a Lettuce account before, or who signed up through another promotion or referral offer, are not eligible. Lettuce accounts will be reviewed to determine eligibility. If requirements have been met, Cash Back will be automatically added to your Rakuten account within 120 days of your first subscription payment. Lettuce reserves the right to change these terms or end this promotion at any time and without prior notice. This offer is not transferable and cannot be combined with other offers. Must be at least 18 years of age and a legal U.S. resident with a U.S.-registered business to be eligible. This promotion is subject to all applicable federal, state, and local laws and regulations.
- Cash Back amount subject to change and determined based on the date the customer clicks the Rakuten link.
Our Verdict
Some things to note:
- Cheapest plan is $49 per month, if your revenue is over $50,000 you’ll be charged $299 per month
- You need an EIN and Articles of Organization. They can form an LLC for you but this will wipe out any profit
- Opening an account automatically opens a bank account, but you can set up a credit card as backup payment for your monthly fees
You’ll end up paying ~$250 in monthly fees to this is a $250 profit. You can earn American Express Membership Rewards or Bilt points instead of cash back. If you’re new to Rakuten, use a referral link to get an extra $50 – check out this post for details.
Hat tip to reader BankBetter
